Insider buying jumped on Monday

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Insiders were quite active on the TSX yesterday. As the broad market fell about 2% on fears over Greece, insider buying surged based on TSX insider summary marker data. There were 94 stocks with buys versus only 19 with sells. That puts the ratio of stocks with buying versus stocks with selling at 4.95 to 1. The relatively high ratio indicates that insiders were indeed out in force during yesterday's sell-off looking for bargains. Marker data is collected by the TSX during each trading day. The term "marker" is used because brokers put a special "flag" beside any buy or sell order executed by insiders or significant holders on the TSX. Daily marker data is distributed by the exchange after the close. INK uses markers as a "heads up" that insider or significant shareholder trading may be taking place. We publish marker trend data daily in the Morning INK report which is distributed to INK Research subscribers.

The ratio of stocks with insider buys versus sells jumped Monday

Although markers provide timely information, they do not say who was doing the buying or selling. Investors must wait for insiders to file their trades on SEDI to see who was behind the trade.

 

affiliate tracking url | Nike

Join the discussion in INK Chat!